Month: May 2018

Want to increase sales? Use the following sales tips to sell more products, boost your revenue, and increase your ROI:

FOMO

FOMO stands for Fear Of Missing Out. This is what causes people to buy things that are on sale even if they don’t need them and to constantly check what their friends are up to on social media. A limited-time or limited-edition offer with a countdown clock is a great way to tap into the FOMO.

Get Them in the Right Mindset

Before you make your selling point or sales pitch, you need to first get your audience in the right mindset. An example of this is stressing how your product doesn’t cost X amount of money, that amount being much higher than your real price. This gets your audience in the mindset that your product is affordable and cheap because, in their minds, the bar of what is “expensive” or even the industry standard price is now much higher.

Pain and Pleasure

Human beings do things to avoid pain and gain pleasure. People will usually do more to avoid pain than gain pleasure, so don’t just stress how much pleasure your product will bring them; focus on the pain points that brought them to your sales page in the first place.

Cross-Selling and Up-Selling

If you are not upselling and cross-selling products to your customers, you will lose out on a lot of revenue. Many companies gain most of their revenue from the additional products that people purchase, as the first product sale is often needed to cover the costs of advertising. People who are buying are already in the mindset of spending money and will usually buy more than what they originally planned to.

For more sales tips and information on how to sell better online, contact us today and ask about our services.

Every good sales professional knows how to tap into human nature to increase sales. Understanding what influences people to make a purchasing decision will help you boost your revenue. Here are some important things that will bring you more sales.

Scarcity

Scarcity increases value. Human nature is to want that which we do not have. If something is in abundance, people will have less of a desire for it. You have to create a perception of scarcity to increase sales. One way to do this is by offering a limited-offer discount.

Reciprocity

People tend to reciprocate favors and good deeds. If you offer your customers valuable information and tips, great customer service and discount opportunities, human nature will lead them to reciprocate the favors by purchasing your products. They will also be more likely to recommend you to a friend.

Social Proof

We tend to measure something’s worth based on how other people value it. Social proof is very important when it comes to sales. Boost the social proof of a product by encouraging your customers to leave five-star reviews and testimonials. Boost the social proof of your company overall by building your social media channels and getting followers and likes.

Authority

Similar to social proof, people tend to place more value on a statement or product that comes from an authority figure. Build up your authority by becoming an information source online, both on your website, on Youtube, and on your social media channels. Start a PR campaign and book appearances on media channels.

Unity

People like to feel as if they are part of something, whether that be a family, a tradition, a belief system, or shared values. That is why your company needs to have a mission and a purpose.

Looking for an affordable and high-quality merchant service provider? The provider you choose will end up affecting how your business operates and its success. Here are five things to look for when choosing a merchant processing service and the best lowest price merchant service.

Low Fees

Fees are one of the most important things to consider when choosing a sales processing company. They can cut into your revenue and seriously affect your ROI, especially if you are spending a lot on advertising. Be sure to take into account ALL fees, including transaction fees, monthly fees, setup fees, and so on.

Security

You also need to choose a company that has security measures in place. You need a company that will protect you from data breaches and fraud. Many low-cost companies are trying to cut costs and are not investing properly in security measures and fraud protection. Choose one that makes security a priority.

Customer Support

When choosing a low-cost payment processing company, make sure not to choose one that makes up for their lower fees by offering horrible customer support. If you want to be able to get a processing problem fixed in an emergency, choose a company that offers great customer support at all times. This way, you’ll be able to offer your own customers a great experience yourself. Problems and issues can come up any time, and you don’t want to keep your own customers hanging.

Quick Setup Time

Choose a company that has a team that will help you get everything set up right away, not one that will leave you waiting around.

Payment Types

When choosing a company, make sure to get one that meets your payment processing needs. This will depend on your goals, but look into which payment methods the company allows.